Welltheos Reports Continued ACA Momentum

STONY BROOK, N.Y., Dec. 15, 2016 /PRNewswire/ -- Welltheos, the #1 free, ACA enabled platform announced today that its November volumes for OEP 2017 have doubled from OEP 2016. Welltheos, which was rolled out last year to help brokers enroll consumers into individual medical plans utilizing the direct enrollment features of healthcare.gov, has been adopted by more than 275 different brokers and agencies across the United States.

Powered by Softheon's MC2 platform, which has successfully enrolled over 1 Million lives, Welltheos has extensive knowledge and experience as a private exchange platform for individuals and brokers from Open Enrollment 2016. With more than 16,000 Plans and 167 Issuers on the Welltheos platform, brokers can quickly and easily match plans to eligible consumers and process enrollments including NPN's.

"This is my second year using the platform. It's clean, simple to use, and the plan data and comparison features are very strong," said Matt Woodbridge, independent agent in Oregon. "I've used the platform this year and last, it has been great," Woodbridge added.

"As certain key dates and deadlines approach, we are prepared to assist our broker partners so that more consumers can be enrolled in health overage," said Eugene Sayan, Softheon CEO. "We're proud to have established this virtual storefront that so many are continuing to see value in."

Welltheos recently expanded its capabilities by incorporating a configurable agency portal into its platform. In addition to its already-existing capabilities in assisting individuals and brokers in their enrollment needs, agencies can now configure the look and feel of the portal to their corporate branding. Additionally, this new portal provides agencies with complete oversight over broker activity, their number of subscribers, and premiums collected.

About Welltheos
Welltheos is an easy-to-use, private exchange platform designed for consumers, brokers, and agencies. The platform is designed to enhance the consumer experience, while offering brokers and agencies the tools needed to power their enrollment activities and grow their business. Welltheos is committed to increasing health coverage accessibility and enabling consumers to easily compare and shop for brand-name insurance products offered through healthcare.gov. By establishing relationships with Issuers, Welltheos represents thousands of qualified health plans offered by hundreds of issuers participating on and off the Federally Facilitated Marketplace. For more information, visit www.welltheos.com.

About Softheon
Empowering the nation's first state health benefit exchange since 2008, Softheon's vision and strategic direction address healthcare payer, provider, and government agencies' goal of meeting Affordable Care Act (ACA) milestones. Softheon provides HIX Integration, Direct Enrollment, Premium Billing, and Edge Server solutions for insurance carriers of all sizes participating in Federal and State Health Insurance Exchange (HIX) Marketplaces. Softheon's Marketplace Connector Cloud (MC2) has been trusted by health plans in all 50 states as an accelerated federal, state, and private exchange integration platform. Softheon MC2 is a Software-as-a-Service (SaaS) solution where insurers pay a one-time activation and ongoing PMPM fees for exchange members only, while eliminating most, if not all, risks associated with ACA enrollment compliance and other mandates.

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SOURCE Welltheos

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